Biliti Electric to invest Rs 400 crore in new EV, battery manufacturing plant in Hyderabad

Biliti Electric is investing Rs 400 crore in setting up a manufacturing facility for electric three-wheelers and Lithium-ion battery packs at Velimela, Hyderabad. The facility will have a phase-1 capacity to produce 2,000 E3W per month, creating 10,000 jobs. It aims to be a significant player in the global EV market and a hub for...